This well-established Company specializes in manufacturing precision tooling, assemblies, fixtures and gages. The Company features a full-service machine shop with CNC and conventional turning, milling, complete grind department (surface, ID/OD and Jig) and wire EDM. The Company has developed a reputation for high-quality work especially when dealing with complex tasks and serves a wide customer base across the US. As the Company has many service offerings, many customers come to the Company to fulfill all tooling and machining needs. Additionally, the Company has built a strong customer base that generates growing recurring revenue.
Ownership has decided it is time to transition the business to new owners with a vision to grow and sustain the business for many more years to come.
Financial Summary
TTM 2018 Revenue: $1,436,000+
TTM 2018 SDE: $564,000+
INVESTMENT HIGHLIGHTS
Financial Stability and Flexibility: The Company generates very consistent growing revenues with increasing margins. Also, the Company is very healthy and financially flexible as it does not require debt to fund maintenance.
Recurring Revenue Model: The Company has a large base of repeat customers that provide consistent sales.
Revenue Capacity: The Company has several opportunities to grow revenue and profitability, with minimal investment, through increases in machinery utilization and additional staff.
GROWTH OPPORTUNITIES
Marketing Enhancement: The Company currently engages in little marketing. Implementation of a salesperson or other efforts such as online advertising could greatly increase customers and awareness of the Company.
Job Targeting: Utilizing a targeted marketing campaign to reach out to specific customers who are known to purchase a large quantity of services or high-margin services would likely be very successful. The Company has served its existing client base very successfully and comfortably but has never gone out and attracted more customers.
Job Selection: Management has recently begun to implement this strategy and has seen its benefits, but this strategy can be fine-tuned to choose only high-margin jobs while avoiding low-margin jobs or jobs with potential troublesome snags in order to maximize machine utilization time and profitability.
The BEST way to receive confidential information about this opportunity is to fill out the form below.
Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this growing West Michigan Tool & Die and Machine Shop for sale!
